Story ID: 576 Deer Jet
Deer Jet UAS Stake Signals Global Ambitions
By: Ian Sheppard
Caption: China’s largest business jet operator acquires stake in global flight-planning company.
Word Count: 260
Deer Jet, a subsidiary of Chinese airline-owning conglomerate HNA Group, has signed an agreement that will lead to the operator taking a major stake in UAS International Trip Support once the deal is finalized in December. In a joint press release at the NBAA Convention this week, the two companies said, “The partnership will see both companies benefit from valuable synergies.”

Deer Jet is now in its 21st year of operation and has a fleet of private jets that includes “the world’s only BBJ 787 in VIP configuration–‘the Dream Jet.’” The company said it “has a vision of building an international brand and a global service network for business aviation.” UAS was established in 2000 and has a presence in 23 cities around the world.

According to UAS co-owner/founder and executive president Mohammed Husary, “UAS’s growth and expansion plans will be accelerated greatly by having such a strong partner.”

Omar Hosari, UAS’s other co-owner/founder and its CEO, said, “The alliance with Deer Jet will greatly enhance UAS’s dominance in the trip-support industry as it gains access to a massive business potential. Likewise, Deer Jet will gain the support of a world-class flight support leader that will help them grow and quickly develop its global market to expand its global footprint.”

The UAS deal is an initial step, according to Deer Jet president, chairman and CEO Zhang Peng. “In the future Deer Jet will continue to expand its global footprint through a series of acquisitions,” he noted.